Global Application Specific Integrated Circuit Market

Application Specific Integrated Circuit Market Insights

The global demand for application specific integrated circuits is projected to grow at a high CAGR over the coming years. The increasing demand for electronics is expected to boost the demand for ASIC design for products that have a large production run. New product development and large investments in research & development activities are expected to increase the need for customized integrated circuits.

Some the advantages offered by ASIC are their smaller size, increased power & performance, products competitive edge, and more reliable products. Low manufacturing cost and shifting electronic production to Asia Pacific countries is expected to augment growth over the coming years. However, the high cost of ASIC is expected to restrain market growth.

Application Specific Integrated Circuit Market: Type Insights

On the basis of type, the Application Specific Integrated Circuit market is segmented into full custom, semi-custom, and programmable ASIC. Semi-custom ASIC are further divided into standard cell based and gate array based. Similarly programmable ASIC are sub-divided into PLD’s and FPGA’s. A full custom ASIC are circuits where all logic cell and mask layers are customized.

A full customized ASIC gives designers the liberty to integrate optimized memory cells and analog, & mechanical structures on an IC. These ASIC’s are complicated to design and expensive to manufacture. High demand for full custom ASIC is experienced for new & advanced product development.

Semi-custom ASIC are those wherein the logic cells are predesigned and the mask layers are customized to meet specific client requests. Programmable ASIC are integrated circuits that are available with standard configurations.

Application Specific Integrated Circuit Market: Application Insights

ASIC is expected to register high consumption from the IT & Telecommunication, electronics & semiconductor, automotive, aerospace, and others. The need for customized integrated circuits for specific product manufacturing is projected to boost demand.

ASIC is used in a wide variety of products such as web browsing, flat panel displays, global positioning systems (GPS), answering machine, and wireless personal digital assistants among others. Other applications of customizd intergrated circuits are expected to arise in the manufacturing healthcare equipment, robotics, toys, satellite, and other machineries.

Application Specific Integrated Circuit Market: Regional Insights

The demand for application specific integrated circuit (ASIC) is projected to grow at the highest CAGR in Asia Pacific. Some of the companies engaged in electronic manufacturing which include China, India, South Korea, Taiwan, Singapore, Malaysia, and Hong Kong. Rising investments in developing countries and shifting semiconductor manufacturing bases in Asia Pacific region is expected to boost the market demand.

Rising technological development and new product launches is anticipated to foster demand in the North America and European market. Increasing industrialization and manufacturing capabilities in Central & South America and the Middle East & Africa is projected to augment demand for application specific integrated circuits.

Application Specific Integrated Circuit Market: End-Use Landscape

The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase ASIC over the coming years. Some leading consumers in the market include Samsung, Apple Inc., and HP Inc.

Application Specific Integrated Circuit Market: Competitive Landscape

Some of the companies engaged in the manufacture of ASIC are Qualcomm, Inc., ON Semiconductor, Analog Devices, AnySilicon, Broadcom Limited, Sigenics Inc., STMicroelectronics, Toshiba, Samsung Semiconductor, Maxim Integrated Products Inc., Fujitsu Microelectronics Inc., Advanced Linear Devices, Inc., Calogic LLC, and IBM Microelectronics among others.

Please note: This is not an exhaustive list of companies profiled in the report.